Finances

Special Projects Funding


Special Projects Funding is intended for non-operating expenses for initiatives that enhance a club’s ability to benefit the Skule™ community or for new events that benefit the Skule™ community.

Consult the Finance Policy §12 for full details. If there is a discrepancy between the contents of this website and the Finance Policy, the Finance Policy prevails.

Is this funding avenue appropriate for me?

If you are seeking funds for a one-time, long-lasting project, then special projects funding is for you. You may apply if you are a/an:

The following groups are not eligible:

Purchases that are typically eligible for Special Projects Funding are:

Some examples of past Special Projects are:

Funds may not be used for operating expenses, alcohol, intoxicating drugs (including cannabis and psilocybin), gift cards, or stationery.

Trial status clubs may only receive $200 per year across all funding sources.

Application Process

Applications are open every month except the months of May, December, and April.

Application Template Application Form

Your application must include:

Please ensure you submit your application through the application form with the subject: (Name of Organization/Project)_Special Projects Funding

The application will be discussed during the monthly Finance Committee meeting to reach a recommendation. Once the recommendation is approved by the Board, the finance secretary will let you know if your project has been approved or rejected.

How are applications reviewed?

Total Funding Available for 2T5-2T6: $50,000

The Finance Committee evaluates applications based on:

Only one-time expenditures that will not recur in the same or similar form over the recipient’s lifetime are eligible.

After you apply:

  1. Applications are reviewed by the Finance Committee when they hold their meeting in the same month. Finance Committee meeting details are sent to all students 72 hours in advance of the meeting.
  2. Finance Committee decisions are approved at the Engineering Society Board of Directors meeting in the same month.
  3. If the funding is approved at the Board meeting, you may claim your expenses via cheque requisition. Approvals will be made in the same month that applications are made.

What happens after my funding is approved?

Once the application is approved, please submit a cheque requisition to claim any expenses. Visit Cheque Requisitions for more information. Funds must be spent on the items listed in your approved application, with only non-substantive changes to price and quality. Significant changes should be communicated to the Vice-President Finance.

Contact

If you have any questions about Special Projects funding, please contact the VP Finance at vpfinance@skule.ca.